Which of the Following Is NOT One of the Basic

question 16

Multiple Choice

Which of the following is NOT one of the basic reasons that a company's strategy evolves over time?

• A) The need on the part of company managers to initiate fresh strategic actions that boost employee commitment and create a results-oriented culture.
• B) The proactive efforts of company managers to fine-tune and improve one or more pieces of the strategy.
• C) An ongoing need to abandon those strategy features that are no longer working well.
• D) The need to respond to the actions and competitive moves of rival firms.
• E) The need to keep strategy in step with changing market conditions and changing customer needs and expectations.

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Definitions:

Total Cost

The complete cost of producing or acquiring a product or service, including all direct and indirect expenses.

Meat Lover's

typically refers to dishes or food products that are designed with a variety of meats, catering to those who prefer a meat-heavy diet.

Value

Refers to the importance or usefulness of something or its worth in terms of money, materials, services, or social significance.

Reference Value

The price or quality that consumers use as a benchmark to compare with the actual price or quality of a product they are considering.